A-L-IR
1.1K posts





Now that the triple tap on $XRP has met it's target (range highs), there are two possibilities moving forward: 1. This was a relief bounce to take liquidity at range highs and now we expect continuation of the local downtrend (within the higher TF uptrend) aka a move back below $1.77. OR 2. The triple tap formation has established a "base" of structural demand from which dips will be bought for continued expansion to the upside aka our lows at $1.77 will be defended for now. Based on context with where Bitcoin and the broader market is at this time, I am betting on option #2 playing out, which means I will be looking for longs into GREEN while targeting some of the untapped highs above us.


And nah, didn't just randomly make this up, there is a lot of precedence for it. Here is the $SPX, also at the 40 RSI level from which we bounced at the last 4 bottoms- prior to that when we breached it it was the 2008 crash which was our last major correction (higher degree).




This game really is for the rich with liquidity to absorb assets at lower prices from retail who overleveraged and force sell or couldn't handle it anymore and self capitulate. No one wants to hear that these are opportunities either out of frustration or pure disbelief.









8 years of looking like a "shitty" chart, and then straight up. People always ask me why I care about coins with charts that are beaten to a pulp, like $CRV $CVX and others. No one cared about #silver when it was at its accumulation zone for 8 years, no one cared about #uranium stocks at their multi-year bottoms before they went on a 10x+ rally, and now no one cares about alts like $CRV and $CVX because they are too shortsighted to understand that a good coin with strong fundamentals and a chart that currently DOESN'T reflect them is a MASSIVE OPPORTUNITY. You cannot get the HIGHEST ROI plays by constantly chasing coins that have ALREADY pumped. You will get them, repeatedly, on assets like silver, uranium etc. that have had ample time to consolidate at the lows and these opportunities only present themselves, by definition, when the majority is uninterested. A beaten down chart that has been consolidating at the lows DESPITE strong fundamentals is not a bad thing- it is a massive opportunity for those who understand market mechanics and are willing to take a bet that many are too blinded by emotion to recognize.


It's been 3-4 months since the last post I made on LTHS (long term holder supply) in which I showed that LTH (long term holders) had been net distributing on the rise from 68k-110k $BTC. This distribution almost always occurs during impulsive PA as long term holders sell into pumps. This is normal/expected (see quoted tweet) in bull markets. We can see that the selling continued aggressively into 110k but then began to slow (but continue) into March. As of April, LTH have officially begun accumulating $BTC once more. For the last 7 months long term holders sold into the rip. Now, they're buying the dip. $BTC


@CredibleCrypto Hey @CredibleCrypto, curious to know if this invalidates your tweet on 25 December regarding CRV outperforming XRP in the short term? Cheers


Beautiful move and a textbook triple tap setup completed on $XRP. Sometimes we get a dip prior to hitting our upside target and sometimes we don't- at the end of the day we take what the market gives us (or doesn't) and then look for the next opp. Still recovering from a sickness so haven't had much time to actually look at many charts- hopefully will be back up and running in a couple more days. More updates then.



We are struggling a bit to hold this LTF level marked out in the last post, so assuming we lose it here is the next low timeframe area of interest that I am watching. We have some LTF confluence on both USD/BTC pairings about 5-6% lower in the orange zones on both pairings. Keep in mind these LTF ideas are only relevant to shorter timeframe traders- the larger green zones visible on both charts are HTF demand zones which make for the best spot buying opps for mid to long term (cycle end) holders. $CRV


$CRV continues to crawl up, would be nice for us to hold .38+ on LTF for continuation higher.


@CredibleCrypto From a higher-timeframe perspective, does this look more like final downside absorption before continuation rather than a structural breakdown?

My 2nd lesson in my new educational series is now LIVE! 10R trade = good 1R trade = bad Is a MAJOR oversimplification can be VERY misleading. This lesson breaks down why looking at R/R alone is NOT enough, and explains the shift in mindset you MUST have if you want to have long term success in the world of trading. As always, like/shares appreciated. Enjoy! 👇 youtu.be/tgsx5tAbl6Q


$CRV green on a red day for $BTC. You love to see it. Long in profit. Also a good reminder that LTF "weakness" on an asset is irrelevant if we are approaching HTF support zones- that "weakness" can flip to strength overnight in these conditions.

